Research

At B. Riley, our research process is an interactive one where we perform extensive due diligence on companies until the analyst develops the knowledge base and understanding of the company and the industry to make a recommendation. Our analysts continuously monitor industry developments and communicate with the management, competitors, suppliers and customers of the companies we follow, regularly communicating our findings through Research Updates and daily Morning Notes.

While we do not necessarily publish research on all of the companies we review, the knowledge base and understanding of many of our monitored companies parallels that of our covered companies. We actively cover over 100 companies and monitor an additional 100. Our analysts cover small to mid-cap companies that are under-followed or misunderstood by Wall Street. We believe that the pricing of small cap equities is frequently inefficient, and therefore provides the greatest potential rewards to diligent security analysis.

This Week's Research

  • 01/24/17 Update SIMO ($41.65, Buy; $68.75 PT): Beam Me Up, Enterprise; SIMO Shares Slip, then Recover Following Light FY ’17 Revenue Guidance due to Curtailed Hyperscale…
  • 01/24/17 Update YHOO ($42.40, Neutral; $44.00 PT): Reports 4Q16 Beat as Cost Cutting Continues; Sets Sights on VZ Deal Closure By 2Q
  • 01/24/17 Update NAME ($8.98, Buy; $12.00 PT): Announces Sale of eNom For $77MM Placing Focus on Vertical Integration
  • 01/24/17 Update PRGO ($73.48, Neutral; $83.00 PT): EPS Growth Might Not Be Possible in 2017; Cutting Estimates by 7% and PT to $83
  • 01/24/17 Update AMC ($34.10, Buy; $47.50 PT): Acquiring Nordic Cinema Group to Improve European Foothold and Diversification Benefits; View Transaction as a Positive…
  • 01/24/17 Morning Note B. Riley AM Note: ACLS, AMAT, AMC, AVGO, FNJN, FNSR, KLAC, LRCX, NAME, PRGO, RNWK, SIMO, SLAB, SWKS, TRUE, UTEK, YHOO
  • 01/23/17 Update FNSR ($28.55, Buy; $47.25 PT): On Track For F3Q With Upside Potential Despite Huawei Situation; Reiterate Buy
  • 01/23/17 Morning Note B. Riley AM Note: DLB, EGHT, GSM, IL (discontinuation), KLAC, LRCX, OSIS, PG, RGC; EMS (suspensions: BHE, CLS, CTS, FLEX, IEC, JBL, KTCC, KE, PLXS,…
  • 01/23/17 Update DLB ($49.00, Neutral; $49.00 PT): Q1 Earnings Preview; With Positive Supply-Side Dynamics, Focus to be on Any Improving Visibility into Accelerating…
  • 01/23/17 Update RGC ($22.32, Buy; $27.50 PT): Highlights from NYC Investor Meetings; Increasingly Confident in Capital Allocation Decisions and 2017 Outperformance;…
  • 01/23/17 Update OSIS ($70.73, Buy; $80.00 PT): 2Q17 Preview: Expect 2Q17 to Show Ongoing Strength as OSIS Continues to Rebound from FY16 & has an Entire Quarter with…
  • 01/23/17 Update EGHT ($15.75, Neutral; $14.00 PT): Earnings Preview: See 20% Revenue Growth as Key Threshold as Top-line Growth Decelerates
  • 01/23/17 Update PG ($87.45, Buy; $106.00 PT): Stock +3% on Sales and EPS Upside Surprise and Increase in Organic Sales Guidance
  • 01/23/17 Update Industry Update: Semiconductor Week #2 Results Preview: Framing Expectations For TXN, INTC, and MXIM
  • 01/23/17 Update KLAC ($81.56, Buy; $91.00 PT): Expect Moderate F2Q Print And F3Q Guide Upside W/Strong Margins; Buy, PT Is $91.00
  • 01/23/17 Update LRCX ($112.35, Buy; $120.00 PT): See Strong Execution With Better F2Q Print + Robust F3Q Guide; Retain Buy, PT $120.00
  • 01/23/17 Update IL (B. Riley & Co. Discontinuing Coverage): Synchronoss Completes Tender Offer to Acquire Intralinks; Discontinuing Coverage
  • 01/23/17 Update GSM ($9.76, Buy; $14.00 PT): Lowering FY ’17 Estimates; Very Modestly Lowering FY ’18; PT From $14.25 to $14.00
  • 01/23/17 Update B. Riley & Co. Suspending Coverage: SPA
  • 01/23/17 Update B. Riley & Co. Suspending Coverage: SANM
  • 01/23/17 Update B. Riley & Co. Suspending Coverage: PLXS
  • 01/23/17 Update B. Riley & Co. Suspending Coverage: KE
  • 01/23/17 Update B. Riley & Co. Suspending Coverage: KTCC
  • 01/23/17 Update B. Riley & Co. Suspending Coverage: JBL
  • 01/23/17 Update B. Riley & Co. Suspending Coverage: IEC
  • 01/23/17 Update B. Riley & Co. Suspending Coverage: FLEX
  • 01/23/17 Update B. Riley & Co. Suspending Coverage: CTS
  • 01/23/17 Update B. Riley & Co. Suspending Coverage: CLS
  • 01/23/17 Update B. Riley & Co. Suspending Coverage: BHE
  • 01/20/17 Update Industry Update: Internet - Earnings Preview: Week of January 23, 2016 (GOOGL, YHOO)
  • 01/20/17 Update SWKS ($84.50, Buy; $104.00 PT): Solid Beat And Raise Affirms SWKS Return To Sustainable YY Growth; PT To $104.00, Buy
  • 01/20/17 Update IIVI ($30.20, Buy; $33.50 PT): Earnings Preview: Expect F2Q/F3Q Results/Outlook to be Above/In Line; Still Waiting for 3D Sensing to Ramp in 2H CY17
  • 01/20/17 Morning Note B. Riley AM Note: CYTX, IIVI, SWKS; Internet (GOOGL, YHOO)
  • 01/19/17 Update OCLR ($8.13, Buy; $15.50 PT): Raises F2Q Outlook based on 100G Strength; Raising Estimates and PT from $13.50 to $15.50; Reiterate Buy
  • 01/19/17 Update EVLV ($1.18, Buy; $2.00 PT): Continued Disappointing FCC Spectrum Auction Results Pressures SOTP Valuation; Lowering PT from $3.25 to $2.00; Remain…
  • 01/19/17 Update Industry Update: Large-Cap Staples Earnings Preview - Our Expectations Into the Calendar 4Q16 Reports (CL, CLX, KMB, PG)
  • 01/19/17 Update ADMP ($3.00, Buy; $5.00 PT): Human Factors Studies (Patient Usability) Could Continue to Delay a Potential FDA Approval of Teva Pharmaceuticals’…
  • 01/19/17 Update DMRC ($26.10, Buy; $44.00 PT): Expanding Ecosystem of Partners Announced Ahead of NRF; 2017 Focus is Adding New Customers, Expanding Production and…
  • 01/19/17 Update ASML ($122.97, Neutral; $122.00 PT): Better 4Q Print And Solid 1Q Guide, EUV Progress But Margin Mixed; PT To $122
  • 01/19/17 Update FNSR ($28.82, Buy; $47.25 PT): Check-in With Management Provides Confidence in 100G Growth Cycle Thesis; Reiterate Buy
  • 01/19/17 Update BELFB ($31.30, Buy; $39.00 PT): Initiating Coverage of Bel Fuse, Inc. with Buy Rating and $39 PT; Shares of Electronic Power and Connector Products…
  • 01/19/17 Morning Note B. Riley AM Note: ADMP, ASML, BELFB (initiation), DMRC, EVLV, FNSR, HCHC, OCLR, RUBI; Consumer Products (CL, CLX, KMB, PG)
  • 01/18/17 Update The Weiser Consumer: Weekly Highlights (FTD, GOOGL, MAT, PBH, PEP, QVCA, WDFC)
  • 01/18/17 Update LLTC ($62.34, Neutral; $63.00 PT): Rev Signals Solid Momentum Into ADI Close; Positive Analog Sector Laterals. PT To $63.0
  • 01/18/17 Update Industry Update: Mitch’s Boardsport Report—December 2016 (DECK, NKE, VFC)
  • 01/18/17 Research Review B. Riley AM Note: IDCC, JCP, LLTC, MAT, PBH, PRGO, TUES; Boardsports (DECK, NKE, VFC), The Weiser Consumer (FTD, GOOGL, MAT, PBH, WDFC)